ALPS Strategic Income Fund
RIGS
63 hedge funds and large institutions have $103M invested in ALPS Strategic Income Fund in 2019 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 26 increasing their positions, 17 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
53% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 17
18% more capital invested
Capital invested by funds: $87.5M → $103M (+$15.6M)
13% more funds holding
Funds holding: 56 → 63 (+7)
5.04% more ownership
Funds ownership: 53.74% → 58.78% (+5%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$6.26M |
| 2 |
Koshinski Asset Management
Decatur,
Illinois
|
+$5.09M |
| 3 |
Morgan Stanley
New York
|
+$3.96M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.16M |
| 5 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.21M |
| 2 |
HFP
Holistic Financial Partners
Indianapolis,
Indiana
|
-$502K |
| 3 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$406K |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$262K |
| 5 |
FF
Fluent Financial
Dallas,
Texas
|
-$144K |
RIGS Hedge Fund Activity: Q4 2019 in Review
63 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q4 2019, worth a combined $103M — up 18% from $87.5M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new RIGS positions and 5 closed out — a net gain of 8 holders — while 26 added to existing stakes and 17 trimmed.
The largest buyer was Truist Financial, opening a new position worth an estimated $6.26M. The largest seller was Jane Street, cutting an estimated $2.21M.
- 63 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q4 2019, up from 56 in Q3 2019.
- Funds reported $103M of ALPS Strategic Income Fund stock for Q4 2019, up 18% quarter-over-quarter.
- 13 funds opened new ALPS Strategic Income Fund positions in Q4 2019 and 5 closed out, a net change of +8 holders.
- The largest ALPS Strategic Income Fund buyer in Q4 2019 was Truist Financial, an estimated $6.26M added.
- The largest ALPS Strategic Income Fund seller in Q4 2019 was Jane Street, an estimated $2.21M sold.
Based on aggregated 13F filings for Q4 2019.